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Search Results 0 to 27 of about 28 (some duplicates have been removed)
of those things need to be in play. when john boehner talks about raising revenue he's willing to do that if it only comes in the form of tax reform, not raising tax rates, but actually lore erring tax rates, closing loopholes, broadening the base and you will get more money coming into the treasury. the other part of the equation that is so important which has not been part of the public conversation is cutting spending, not just slowing the rate of growth but actually cutting spending to try to get this deficit under control. i know the republicans don't control the narrative on this but i want to hear more from them on that side of the equation. jon: julie our nodding your head you must agree. >> i think both sides need to come to the table. enough already with these sort of, you know, showmanship, game man ship, these are people's lives that are at stake in this economy. monica is right in that the president does control the upper hand at this point. if nothing is done all the bush tax rates will expire. you have exit polling coming out of the recent election saying two-thirds of
of a change. john boehner will be the speaker of the house, you know, unless something unforeseen happens in the next few weeks. he will be, he will keep the reign. the republicans gained, you know, a few seats, but that's not really going to effect his shot. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, this sort of conflict between eric cantor, the majority leader, and john boehner, the speaker, is really behind them at least, you know, from everything that we have seen. the -- so that is remarkably stable, the first three positions. john boehner will be, you know, the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it starts to get interesting is for the conference chairman position. this is currently held by jeb hensarling who is making a bid to be the financial services chairman. hensarling has been a sort of rising star for a while within republican ranks. he was a republican study committee chairman which is sort of the top conservative position in r
's about to happen in this building in an hour from now. speaker boehner, senator mcconnell, senator reid, democratic leader pelosi, all will come here and speak for a couple hours. day one of negotiations. nobody is expecting huge news but as jim has already tweeted out this morning, the market is going to look for signs that this tone of compromise that we've heard so much about all week long is that for real or are talks going to break down in early stages? the market specifically is going to depend on that tone today and we'll bring that live when the meeting happens a little after 10:00 a.m. >> we've seen reaction of futures to the possibility of a deal. we've been down for six of the past seven days but the dow this morning implied open is up 33 points. sapp looks s&p looks to add fiv. here we have italy down three-quarter percent and mixed bag for the rest. carl? okay. we're going to go to the road map this morning. that is where carl is in washington d.c. reports this morning that hard decisions surrounding deficit reduction could be kicked down the road until 2013 in favor of a s
of avoiding the fiscal cliff. he'll meet with harry reid, mitch mcconnell, john boehner and nancy pelosi at quarter after 10:00 eastern time. mcconnell says republicans won't raise tax rates. the white house says the president won't sign an extension of tax cuts for top earners. chinese officials including the country's vice minister are sounding alarm bells with external risks to growth. they hope the uts will come to an agreement on tax issues or warns the country could face a slide into deep recession. eunice yoom is taking a closer look at the relationship between the two economic super powers and how they're likely to proceed. >> she's sitting down to her regular taste of americana. she and her co-workers dine out at their favorite fast food joint from the west twice a week, exactly the kind of middle income chinese american companies hope will drive their future growth. >> translator: we're used to eating rice, she says. it's convenient and nice to have fast food once in a while and have a change. american companies are hoping gnaw leadership will make it easier to sell to chinese
the tone of speaker boehner's remarks was very good. i also want to see what the substance was. what i do know is that different people heard this remark and interpret it in very different ways. grover norquist said he thought it was a good statement by speaker boehner, and other people who think we need to generate additional revenues to have a deficit reduction plan also say he made a good statement. it would be good to know exactly what he is talking about. >> how about for you? the whole premise of tax cuts, as we talked about the last 24 hours, is to eliminate deductions and bring down rates. that is what happened in 1986. >> i am talking about, what is our starting point in terms of the rates? what are we negotiating from? are we negotiating down from 35% or from 39%? i want to emphasize this point -- simpson-bowles, go look at it. they assume the amount of revenue that you would achieve if you allow the tax rate to go up. their tax reform plan is built off an assumption that you will get the amount of revenue as if he started at 39% and went down. they begin with what they call the
driving the decisions made here. i think citing i believe speaker boehner, it's fair to say that the president also believes we don't -- he's not looking to box himself in or box other people's ideas out. as we approach the conversation that will be in on friday. >> suggest to the meeting that just took place they might have to give up more than they would like? >> i think the president has made very clear that everyone, throughout this process, not just in this past week since the election, but for some time now, that the whole point of compromise is that nobody gets to achieve their maximalist position. that was the approach we took throughout negotiations in 2011 and it's the principle the president has based his own proposals on. if you look at, again, the programs that the president has already cut through legislation he signed into law, if you look at the savings he's willing to enact as part of his plan, it demonstrates a willingness to give so that you can meet your negotiating partner somewhere in the middle and reach a deal. >> you don't have any specific -- >> i d
tax increases one way or another. bill: do you think that flies in the u.s. house? does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doi
incomes now and ensuring security for the future. hthis is the end of vision that speaker boehner without for the country last week. i cannot think why the present would not embrace it. someone said we should go over the cliff. just go off of the cliff. hope for the best. i do not think that is what the american people had in mind when they went to the polls last week. but they had in mind is that we put the contest of the past two years behind us and work it out. the best way forward in the way that will lead to jobs and growth, a smaller deficits, and you were political fights is to keep everyone where they are. figure out a way to avoid the automatic defense cuts scheduled to hit at the end of the year without putting a penny last thing we promised and committed to the entitlement reforms that we all claim we want. a simpler tax code that lowers rates and cuts special interest loopholes would create jobs and result in more revenue without raising anyone's rates. we know this because we have seen it before. it actually works. i do not think washington should get any of that extra revenu
president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t
today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi means leader, is horrible. she was leader last time. what she says and what she does is two different things. she spoke about when barack obama got elected the first, the first time in 2008, this is all going to be a about jobs, jobs, jobs, and they didn't focus on jobs. they pushed through the health care bill, and then she gets up there all the time. she is nervous, she's family, she's bumbling. she's just going to do what she wants but she doesn't look out for the people. she doesn't care. she just doesn't goes and pushes along the agenda and then health care bill, you have to pass it to find out what's in a
both parties have to talk to each other. >> reporter: diane sawyer asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas. to help our party be the reform party. that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason his team lost the turnout in urban areas in the country was so high. they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. one important part of
. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the boys at their own game. she is here next. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ husband ] transfer! [ male announcer ] free data transfer at home. you just deleted all the photos! you did! no you did! [ male announcer ] or free data transfer when you buy a windows 8 computer at staples. another way staples makes it easier to upgrade. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is
. boehner will be the speaker of the house unless something unforeseen happens in the next few weeks. he will keep the reins. the republicans lost a few seats, but that is not going to affect him. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, the conflict between eric cantor and john boehner the speaker is really behind them from everything we have seen. that is remarkably stable, the first three positions. john boehner will be the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it gets interesting is for the conference chairman position. that is currently held by jeb hensarling, who has been a rising star for a while within republican ranks. he was a republican study committee chairman, which is the top conservative position in republican circles in the house. there are two people making a run for conference chairman, tom price, who is also a former committee chairman of the past. he is currently making a bid for conference chairman, and then cathy mcmorr
says he wants to see higher tax rates. john vitter says axel in not. >> -- john boehner says clearly not. >> it is a lot easier to say at this level of generality. it becomes harder to enacted. the number of times of with the head of the cbo, senator so and so would call me up and say i want to talk about tax reform and i would walk in and the head is one talking point which is brought in the base and lower the rate. what are you willing to scale back? mortgage interest, cannot touch that. charitable, cannot touch that. you go down the list. one of the reasons of these new ideas being attractive is a are obscuring what has to be cut back. >> there is still a hard choice there. >> we are not saying we are going to cut out your ability to deduct your mortgage but i will get to keep my ability to deduct my local tax. everything goes into a pot. everybody gets to keep their deductions but you cannot be too greedy about it. it does have to limit the amount they can benefit from it. >> that is the selling point. >> the notion here, can you do this and have the only effect of the wealthiest
week. host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profile." so, more on leadership, which both sides will be voting for this week when they return to washington on who will be their leaders. so, we will continue to watch that story for u.s. well. part of the mix to avoid the fiscal cliff is these jobless benefits. that is the headline in the politics and policy section of "the washington post." "over 2 million americans could lose their jobless benefits before the end of the year." host: susan, michigan, what do you think? should we cut medicare and social security? caller: absolutely not. absolutely not. host: why not? caller: i am a woman who has finally reached the age of social security. all the years the work, this money was taken out of my paycheck. i was told from a very young age that when i reached a fine age of the period where you retire and you can get social security, that all the money that i paid in would be refunded to me. this money is not to be touched, not
in congress are another. they have to come together. speaker boehner said he's willing to entertain more revenue. the president should take him up on that offer and they ought to come together and find some way through this. the republican party has got to take a good luook at what its future holds but a good start will be coming together to solve this problem. >> governor, nancy pelosi of course out this morning says she's going to run again for some leadership in the congress. is that a signal that the white house is going to remain more partisan perhaps than some hope? >> actually, i don't think so. you know, nancy pelosi was the one who produced the votes for the financial bailout. you all recall that. there weren't republican votes even when president bush proposed it and secretary paulson. nancy found the votes. nancy is good at finding the votes out of our progressive wing and the president will need votes from our progressive wing and nancy is a good person to do that. >> we'll see how things go down this afternoon and later in the week. governor, lanhee good to see you back. don
leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them democrats, only 20
for the failed grand bargain negotiations with speaker boehner. you know how these things work. everyone stakes out their two sides and ultimately, the final decision is somewhere in the middle. >> that's right. big negotiating game. this is a starting point. brianna keilar, great to see you this morning. >> it is seven minutes past the hour. will she or won't she? do you know? >> i wish i did. >> politicos in washington want to know if nancy pelosi will seek another term as house minority leader. the 72-year-old california democrat is expected to announce her decision today. pelosi has scheduled leadership elections for november 29th. that's later than usual. and that's prompted speculation that the former speaker may relinquish her role as a top house democrat. they say she's holding this very close to the vest. >>> and coming up on "starting point," former house speaker and gop presidential hopeful newt gingrich and his wife callista. their take on the presidential election, and will also weigh in on the petraeus scandal. >> and keep it on cnn for special coverage. we told you, president oba
.6 would be 1.5 to 1, when he was with boehner, 800, wanted another 4. >> you were in the room so you know. >> first of all, since we talk about bowles-simpson so much, bowles-simpson has a 1:1 ratio. >> it doesn't. >> i thought it's 1:4. >> it's 1:3. >> in the way the bowles-simpson frame was put out something people didn't realize was that in terms of the revenue number they weren't counting the expiration of the high income tax cuts which they proposed to get rid of. apples to apples, in terms of the way people are currently adding up their math, it's approximately a 1:1 ratio. >> erskine bowles said you should look at 3:1 in terms of spending cuts to revenue. >> i'm just saying what was in bowles-simpson. >> let's not forget about growth, we need to stimulate growth and a lot of it on the innovation side. >> david thank you, appreciate it i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ . >>> welcome back, everyb
. the caucus urges you to join speaker boehner today in the rayburn room at 11:00 a.m. as he honors dr. james billington and his exemplary quarter century of leadership at the library of congress. the speaker pro tempore: for what purpose does the gentleman from new jersey rise? the gentleman is recognized for one minute. >> madam speaker, i rise to congratulate mr. wade martin of montgomery township, new jersey, for being awarded the 2012 land trust alliances prestigious national conservation service award for his significant contributions to the advancement of land conservation. mr. lance: using his position as financial advisor, mr. martin is educating his clients to the benefits of land preservation. his provided land trust and owners across new jersey for the benefit of land conservation. wade martin has taken his innovative land model nationwide to other financial advisors and their clients explore various options in preserving their land and their families' legacies, increasing the pace of land conservation. i ask all of my colleagues to join me in honoring wade martin as one of the na
leaders including house speaker john boehner, house democratic leader nancy pelosi, senate majority leader harry reid and a republican mitch mcconnell. the first meeting since the election. they discussed what to do about expiring busheir tax reductions and across-the-board spending cuts set to hit in january called the fiscal cliff. they allowed cameras in the room before the talks. >> i want to welcome the congressional leadership and thank them for their time. we have -- factors don't go on middle class families that our economy remains strong and we are creating jobs and and that's the agenda that democrats and republicans and independents all across the country share so our challenge is to make sure that we are able to capri together and work to find common ground, make compromises and build consensus. all of us agree on this they want to see us focused on that but not our politics here in washington. my hope is this is the beginning of a process where we are able to come to an agreement that will reduce our deficit in a balanced way that we will deal with some of these long term enti
Search Results 0 to 27 of about 28 (some duplicates have been removed)